Tag Archives: mortgages

Mortgage rates tick back above 3% as economic recovery continues

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Freddie Mac’s chief economist said rates could continue to rise during the second half of the year after reaching historic lows in January. Continue reading →

Refinancing is easier than dieting, harder than training a dog: Survey

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In a new Zillow survey, homeowners ranked refinancing as easier than divorce or following a strict diet, but “significantly tougher” than training a puppy. Continue reading →

JPMorgan Chase commits $400M to affordable housing

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The banking giant will provide low-cost loans, equity and grants for nonprofits and other groups that work with Black and Latino households on affordability issues. Continue reading →

Connecting with Pacaso’s CEO: The future of the second home market

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Pacaso CEO Austin Allison explains how remote working, inventory shortages and co-ownership models are changing the fabric of second-home markets. Continue reading →

Low credit scores are biggest barrier for women, minority buyers

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OJO Labs’ latest homebuyer survey found that Black homebuyers were three times more likely to have a credit score below 660, which inhibits access to down payment assistance programs and agent support. Continue reading →

Share of homeowners who can’t pay their mortgage hits new low

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The share of mortgages in forbearance dropped below 5% in March for the first time since the beginning of the pandemic, as homeowners resuming their payments continued to outnumber new requests for relief for the fourth week in a row. Continue reading →

The Real Word: How will rising rent prices affect the housing market?

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Watch Byron Lazine and Nicole White give a real estate agent’s perspective on industry-related topics. In this edition of The Real Word, they’ll discuss rising rent prices, alternative home financing and how Matt Lionetti stands out from the crowd. Continue reading →

5 ways the pandemic mortgage boom has changed the market

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Mortgage experts Ann Thompson and Christian Wallace share how the pandemic changed the mortgage market and what it means for today’s consumers. Continue reading →

Is Walmart gunning for the mortgage industry? Experts say yes

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Experts Holden Lewis, Greg McBride and Jill Gonzalez share their thoughts on Walmart’s foray into fintech and what it could mean for the mortgage industry. Continue reading →

COVID-19-related forbearance volumes decline for first time since pandemic hit

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Active COVID-19-related forbearance volumes declined by a net 34,000 for the week ending June 2, the first weekly decrease since the CARES Act went into effect, according to data released Friday. Continue reading →